crude oil reserves
BP to consider Clair Phase-3 as stand alone project The UK super major BP and its partners, Royal Dutch Shell (Shell), ConocoPhillips and Chevron, are getting now a better picture of the giant Clair reservoir to the point to prepare Greater Clair as the third phase of development in the West Shetland waters of the […]
Fluor and WorleyParsons designed Tengiz Expansion The California-based international oil company (IOC) Chevron Corporation (Chevron) and its partners, the Kazakh national oil company (NOC) KazMuniaGas (KMG), the global leader ExxonMobil and the Russia company LukArco (Lukoil) are closely reviewing the offers of the engineering companies to award the engineering, procurement and construction (EPC) contract for […]
Saudi Aramco to award shale gas treatment FEED The world largest company by the size of crude oil reserves, Saudi Aramco, is planning to award the front end engineering and design (FEED) contracts for the gas central processing facilities to support the development of the shale gas exploration – production in three regions of Saudi […]
Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production of 5.8 million barrels per […]
CNPC and Total to double production with Halfaya-3 The China National Petroleum Corporation (CNPC or PetroChina) and its partners, Total from France, Petronas from Malaysia and the local South Oil Company (SOC) confirm to target the plateau production of the Halfaya oil field in the south of Iraq by 2017 as originally defined. Halfaya oil […]
DNO and Genel ready for FID on Block Dohuk project The Norwegian independent company DNO and its partners, a Turkish-based company Genel Energy (Genel) and the local Kurdistan Regional Government (KRG) are preparing the final investment decision (FID) to develop on fast track the Block Dohuk in the north of the Kurdistan Region of Iraq. […]
